Restaurant Brands International (QSR) Operating Leases (2013 - 2026)
Restaurant Brands International (QSR) posted quarterly Operating Leases of $1.9 billion for Q1 2026, up 7.46% year-over-year from $1.8 billion in Q1 2025, and up 0.84% quarter-over-quarter from $1.9 billion in Q4 2025.
Restaurant Brands International (QSR) Operating Leases (2013 - 2026) Analysis & Trends
Restaurant Brands International (QSR) has reported Operating Leases for 14 consecutive years, with $1.9 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Leases rose 7.46% year-over-year to $1.9 billion; the TTM figure through Mar 2026 stood at $1.9 billion (up 7.46% YoY), while the FY2025 annual figure was $1.9 billion, up 7.34% from the prior year.
- Operating Leases grew to $1.9 billion in Q1 2026 per QSR's latest filing, from $1.9 billion in the prior quarter.
- Across five years, Operating Leases topped out at $1.9 billion in Q1 2026 and bottomed at $1.0 billion in Q3 2022.
- Historically, Operating Leases has averaged $1.4 billion across 5 years, with a median of $1.1 billion in 2024.
- Annual changes were most pronounced in 2023 — Operating Leases retreated 5.12% — and 2024, when it soared 76.97%.
- Restaurant Brands International's Operating Leases stood at $1.0 billion in 2022, then gained by 3.12% to $1.1 billion in 2023, then surged by 67.14% to $1.8 billion in 2024, then advanced by 7.34% to $1.9 billion in 2025, then climbed by 0.84% to $1.9 billion in 2026.
- Business Quant data shows QSR's Operating Leases at $1.9 billion in Q1 2026, $1.9 billion in Q4 2025, and $1.8 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Mcdonalds | 193.05 Bn | 192.23 Bn | 6.42 Bn |
| 2 | Starbucks | 122.77 Bn | 119.16 Bn | 6.49 Bn |
| 3 | Chipotle Mexican Grill | 42.40 Bn | 41.73 Bn | 2.35 Bn |
| 4 | Yum Brands | 40.42 Bn | 39.75 Bn | 1.47 Bn |
| 5 | Restaurant Brands International | 27.11 Bn | 27.59 Bn | 1.89 Bn |
| 6 | Darden Restaurants | 25.70 Bn | 25.48 Bn | 3.68 Bn |
| 7 | Restaurant Brands International Limited Partnership | 17.24 Bn | 16.18 Bn | 1.89 Bn |
| 8 | Yum China Holdings | 16.42 Bn | 15.74 Bn | 2.22 Bn |
| 9 | Texas Roadhouse | 13.58 Bn | 13.40 Bn | 1.44 Bn |
| 10 | Dominos Pizza | 11.46 Bn | 11.32 Bn | 478.23 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.91 Bn |
| Mar 31, 2026 | 1.92 Bn |
| Dec 31, 2025 | 1.90 Bn |
| Sep 30, 2025 | 1.84 Bn |
| Jun 30, 2025 | 1.84 Bn |
| Mar 31, 2025 | 1.78 Bn |
| Dec 31, 2024 | 1.77 Bn |
| Sep 30, 2024 | 1.78 Bn |
| Jun 30, 2024 | 1.77 Bn |
| Mar 31, 2024 | 1.08 Bn |
| Dec 31, 2023 | 1.06 Bn |
| Sep 30, 2023 | 1.00 Bn |
| Jun 30, 2023 | 1.04 Bn |
| Mar 31, 2023 | 1.02 Bn |
| Dec 31, 2022 | 1.03 Bn |
| Sep 30, 2022 | 1.00 Bn |
| Jun 30, 2022 | 1.05 Bn |
| Mar 31, 2022 | 1.07 Bn |
| Dec 31, 2021 | 1.07 Bn |
| Sep 30, 2021 | 1.06 Bn |